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Bullboard - Stock Discussion Forum Bellatrix Exploration Ltd (Canada) BXEFF

Bellatrix Exploration Ltd is a Canada-based oil and gas company, engaged in the exploration, acquisition, development, and production of oil and natural gas reserves in the provinces of Alberta, British Columbia, and Saskatchewan. It primarily focuses on developing its two core resource plays, the Cardium and the Notikewin/Falher intervals in Western Canada. The Notikewin/Falher in Alberta's... see more

GREY:BXEFF - Post Discussion

Bellatrix Exploration Ltd (Canada) > Natural Gas Supply/Demand balance
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Post by dinkdestroyer on Oct 13, 2016 1:12pm

Natural Gas Supply/Demand balance

As of today's report(NG storage as of last Friday), Gas storage has pulled to 56bcf surplus to last year's level. This is remarkable given the huge figure that existed at the end of withdrawal season earlier this year. That is the reason gas is skyrocketting today, I am dumbfounded what a laggard BXE has been in the face of such improvement of the fundamentals.
Comment by Nossy45 on Oct 13, 2016 2:42pm
BXE needs capital and a new credit line.
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